nLight

LASR

Technology Semiconductors

nLight’s revenue for fiscal 2025 (year ended December 2025) was $261.3 million, up 31.6% from fiscal 2024.

Revenue
+10.5%
EPS
+14.3%
Free cash flow
−817.2%
Total debt
−88.2%

Quarter to September 2026, against a year earlier

41.54 1.52 −3.53%
Market cap
$2.5B
P/E
n/m
Fwd P/E
n/m
Dividend yield
—
F-score
6/9
ROIC
−8.99%
Net debt / EBITDA
10.9×
Dividend safety
n/a

nLight (LASR) P/B ratio

Alert me on P/B ratio

As of 13 November 2026, nLight (LASR) trades at a P/B ratio of 5.4×. Over the past ten years it has ranged from 1.2× (April 2018) to 15.8× (March 2026); the current reading is higher than 83% of that period. That is above the Semiconductors industry median of 5.1× and above the Technology sector median of 2.6×.

P/B ratio, daily

Embed this chart

Annual newest first

Period P/B ratio Change
FY2025 8.3× 256.13%
FY2024 2.3× (2.89%)
FY2023 2.4× 39.17%
FY2022 1.7× (48.58%)
FY2021 3.3× (41.35%)
FY2020 5.7× 63.91%
FY2019 3.5× 71.21%
FY2018 2.0× 60.46%
FY2017 1.3× 0.00%
FY2016 1.3× —

Quarterly newest first

Period P/B ratio Change
Sep 2026 5.1× (43.60%)
Jun 2026 9.0× 25.44%
Mar 2026 7.2× (13.04%)
Dec 2025 8.3× 21.24%
35 more quarters

Against its own ten years

Low 1.2× High 15.8×
Ten-year median 2.8×
Current reading's percentile 83

P/B ratio against peers

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

More on LASR